Community Corner

Gas Prices Continue to Trend Downward

Find the cheapest gas in Warminster.

Pain at the pump continued to ease for motorists across the country this week. Call it the luck of the Irish this St. Patrick’s Day as less “green” is being spent on gasoline. 

The national average price of regular grade gasoline dropped a penny this week to $3.70 Friday.  This price is eight cents more than one month ago, but it is 12 cents less expensive than the average price one year ago.

The average price U.S. motorists pay at the pump declined for 12 straight days to start the month of March (February 27 through March 11), the longest streak of falling prices in 2013. 

Find out what's happening in Warminsterwith free, real-time updates from Patch.

The national average has dropped seven cents to begin March, which is counter to the trend that motorists may remember from the same stretch in recent years.

The price increased by 17 cents and six cents during the same periods in 2011 and 2012, respectively.

Find out what's happening in Warminsterwith free, real-time updates from Patch.

In its Short Term Energy Outlook released last week, the EIA expects that lower crude oil prices will result in monthly average regular gasoline prices staying near the February average of $3.67 per gallon over the next few months, with the annual average regular gasoline retail price declining from $3.63 per gallon in 2012 to $3.55 per gallon in 2013 and $3.38 per gallon in 2014.

Nearby, the cheapest price for a gallon of regular is $3.59 at the Sunoco, 890 E. Street Road (Street and Jacksonville Roads). 

 

 

3/17/13

Week Ago

Year Ago

National

$3.69

$3.70

$3.84

Pennsylvania

$3.70

$3.73

$3.81

Philadelphia (5-county)

$3.68

$3.72

$3.79


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